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On 29 March 2017, CGST, IGST, UTGST and SGST compensation law passed in Loksabha [5] The Constitution (One Hundred and Twenty-Second Amendment) Bill, 2014 was introduced in the Lok Sabha by Finance Minister Arun Jaitley on 19 December 2014, and passed by the House on 6 May 2015.
The Rajya Sabha passed these Bills on 6 April 2017 which were then enacted as Acts on 12 April 2017. Thereafter, State Legislatures of different States have passed respective State Goods and Services Tax Bills. After the enactment of various GST laws, Goods and Services Tax was launched all over India with effect from 1 July 2017. [18]
Chairperson, Central Board of Indirect taxes and Customs or Chairperson, CBIC is the senior most IRS (C&IT) officer in the Government of India.The Chairperson is the ex officio Secretary to the Government of India and also cadre controlling authority of the Indian Revenue Service (Customs & Indirect Taxes).
The functions of NACIN is specified in CBIC office order No.06/Ad.IV/2017 on 12 June 2017 which states that NACIN will undertake training and other capacity training activities in the field of Customs, Indirect Taxes, and Narcotics including, Induction training of directly recruited Group A officers,
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With effect from 1 April 2017, the Income-tax Act, 1961 has introduced the General Anti-avoidance Rules. The intent of the bringing the said rules is to curb the ill-practices of the tax payers & tax practitioners assisting the tax payers in avoiding the tax where the tax impact of the arrangement or the transactions is more than INR Three ...
International relations United States–Venezuela relations The United States sanctions Venezuelan President Nicolás Maduro over the controversial Constitutional Assembly election which critics say is an attempt to establish a dictatorship. (The Guardian) (BBC) 2017 Qatar crisis Qatar files a legal complaint at the World Trade Organization (WTO) concerning the embargo imposed by Saudi Arabia ...
CGST may refer to: China Graduate School of Theology; Chinese Giant Solar Telescope; Central Goods and Services Tax This page was last edited on 28 ...